SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: phoenix who wrote (1188)6/29/2000 5:07:00 PM
From: BinkY2K  Read Replies (2) of 1203
 
Roger, DZ controls lots of shares and has contacts with other big holders.

Insiders, like the board, obviously have decided and likely could vote FOR this deal.

So, we would need to have more than 50% of remaining shareholders to vote against.

It is not clear yet what inducement the board and officers may be getting to take this deal which strikes me as too low. If pushed, they may produce a better offer from tumbleweed or find another buyer. DZ and friends could bring in a better offer from someone like ORCL that the board could not ignore.

If the deal falls through, that does not mean we are getting a higher price on the market either. But, I suspect the company has been hiding info to keep the price down. If so, they may release it when convinced they can not get their golden parachutes this way.

Just some thoughts. I remain very perplexed by this investment and made much more than I would lose on my few remaining shares.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News